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Small Business Relief

Helping small businesses weather uncertain times.

Supporting small business now more than ever is vitally important to their longevity and ability to weather the current economic times. Falcon National Bank has a long history of rallying around small business. Now more than ever, we stand behind that commitment.

Federal Disaster Loan Assistance Programs

In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak. As a preferred SBA lender, Falcon National Bank can help you gain access to disaster funds and loan programs through the Small Business Administration (SBA).

> Paycheck Protection Program (PPP)

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. This program has moved out of the application phase, into the forgiveness phase. If you currently have a PPP Loan through Falcon National Bank, look for email communications to provide guidance through the loan forgiveness process. For more information, visit the US Treasury website.

> Economic Impact Disaster Loan (EIDL)

Designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue, this program provides the best opportunity to recover with the least amount of financial burden. It is being offered to all sectors of business across the United States: for profit, non-profit, non-public sectors. Apply directly with the SBA (not your financial institution). 

Note: If you also applied for and received a PPP Loan, the approved PPP Loan amount may have been reduced by the EIDL advanced amount. When applying for PPP Forgiveness, it is required to provide EIDL application number and EIDL advance amount. Because EIDL was applied for directly through the SBA, Falcon National Bank does not have access to that information. To obtain the information, please call the EIDL Hotline: 1.800.659.2955

We stand ready to help. Contact us today.

  • Access to Federal Disaster Relief Funds and SBA Loan Programs

  • Refinance and gain access to working capital

  •  Restructure existing debt to reduce current monthly payments

  •  Create peace of mind by having a solid plan to overcome the impact of these challenging economic times

 

 
Troy CameronAlex CameronKyle Knudson 
320.492.4731320.230.9261320.402.4516 
[email protected][email protected][email protected] 

 

Chase LarsonJessica BitzTyler Messerole 
320.428.2820320.248.6179612.270.2110 
[email protected][email protected][email protected]